Senator Ted Cruz, chair of the Senate Commerce Committee, is questioning a plan by private investment firm Grain Management to acquire key wireless spectrum from T-Mobile. The deal, worth $2.9 billion, would see Grain Management acquire T-Mobile’s portfolio of 800 MHz licenses, but potentially delay its use for years.
Senator Cruz has written to the Federal Communications Commission (FCC) expressing his concerns over the deal, stating that the FCC should only approve it with specific, enforceable deployment requirements. He believes that the United States cannot afford to let valuable spectrum remain underutilized as demand continues to increase.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.